Abstract: As the space business rapidly evolves to accommodate a lower cost model of development and operation via concepts such as commercial space and small spacecraft (aka, CubeSats and swarms), traditional EEE parts screening and qualification methods are being scrutinized under a risk-reward trade space. In this presentation, two basic concepts will be discussed: (1) The movement from complete risk aversion EEE parts methods to managing and/or accepting risk via alternate approaches; and, (2) A di…